Acqui-Hire Meaning
Acqui-hire refers to the practice of acquiring a company primarily to gain access to its employees rather than its products, services, or other assets. This approach is often used by larger organizations to recruit skilled talent, especially in competitive industries like technology, where attracting top talent is challenging.secure top talent, especially when competing with venture-capital-backed startups.
Examples of Acqui-Hire
In a corporate blog post
“To strengthen our engineering team, we decided to acqui-hire a small tech startup known for its innovative AI solutions.”
In a business conversation
“The acqui-hire strategy allowed us to bring on a highly skilled group of developers while integrating their existing projects into our platform.”
In an industry report
“The rise of acqui-hires in the tech industry reflects the increasing competition for top-tier talent, particularly in emerging fields like blockchain and machine learning.”
Synonyms of Acqui-Hire
Acquisition-hiring: Another term for acqui-hire
Poaching: The process of hiring experienced employees from a competitor